
15 August 2024 | 13 replies
Instead, I should:Record the net rent (gross rent minus PM fees and expenses) as income in QBO.Log any additional expenses I directly pay, such as mortgage payments, insurance, property taxes, and other business-related costs like gas for business travel, meals, business licenses, and office supplies.Does this approach align with the correct practice of differentiating property accounting from corporate accounting?

14 August 2024 | 6 replies
They usually have to travel 2.5 hours.My questions are:1.)

14 August 2024 | 1 reply
The property is located close to a hospital and made it perfect for us and our community by providing a family-owned property to traveling nurses.

19 August 2024 | 3705 replies
I travel almost an hour for work as I own my own home.

19 August 2024 | 41 replies
Please shoot me a PM if you would like to chat or just say hi.All the best,Phillip DakhnovetsGuardian Property Management & Maintenance Hi Phil,It's great to see another member on the forum from Toledo and investing in Toledo.Same here mate.I've travelled the world, lived all over the world and bought real estate all over the world.But I'm yet to find a market that offers a "better bang for your buck" than Toledo.Been investing in Toledo since 2014 in buy. fix and flips and also property management.I don't see myself investing anywhere else.Why fix it if its not broken.Downside to Toledo is low appreciation and difficulty finding motivated and competent staff.But is probably more so me being a poor people manager than the actual market itself.Wishing you much success in Holy Toledo hehe 🙏🙏🙏

16 August 2024 | 19 replies
This may decrease the amount of dues owed per unit, but also creates major issues when there is a hail storm or other loss that effects the exterior and shared spaces of the property.

16 August 2024 | 21 replies
You will need to build a team for out of state and the closer to CA the better because of the travel time and as a college student you might not get 3 days to meet a contractor in the Midwest.

14 August 2024 | 19 replies
@Jason ColemanUnless you find a cost segregation provider in Greensboro, travel costs will be involved.

13 August 2024 | 13 replies
However, in that scenario is you can compete on price even 5% cheaper you may win.In FL - Clean and comfortable interiors with awesome backyards do much better than awesome interiors with blah exteriors.Obviously to have it all is the best, but dollar for dollar exterior amenities in FL have a higher ROI.